September
Guangdong Wencan was established.
Wencan Group
Stock Code: 603348
Wencan Group Co., Ltd., listed on the Shanghai Stock Exchange in 2018, is among the world's top companies engaged in the R&D and manufacturing for automotive aluminum alloy castings.
Wencan, specializing in the R&D, manufacturing and sale of automotive aluminum alloy precision castings, offers a range of flexible and differentiated manufacturing solutions featuring high-pressure casting, low-pressure casting and gravity casting. Through material innovation and process advancement, Wencan is committed to providing global automotive customers with lightweight products of high security and reliability to be applied in body structural system, integrated body system, battery housing system, new energy power system, chassis system, brake system, engine and transmission systems, and other core components of new energy vehicles and traditional fuel vehicles, empowering the green transition of the automotive sector.
Wencan is extending its global footprint by incorporation and acquisitions to over 20 production bases in Nantong, Wuxi, Tianjin, Anhui, Chongqing, Dalian, Wuhan, and places in Mexico, Hungary, Serbia, and France, to offer global customers with differentiated products and services to choose from.
Wencan's customers are internationally renowned automakers, including Volkswagen, Mercedes-Benz, BMW, Audi, and Renault; NEV manufacturers like Tesla, NIO, Li Auto, XPeng, and GAC New Energy; well-known domestic automakers such as Seres, BYD, Geely, and Great Wall Motors; as well as world famous Tier 1 auto parts suppliers, comprising ZF, BOSCH, Continental, MAGNA, VALEO, and Benteler. Wencan is also enhancing its cooperation with prominent battery manufacturers such as Eve Energy and Sunwoda.
1998
Year of Incorporation
6000
+
Employees Worldwide
20
+
Production Bases Worldwide
3
+
Aluminum Casting Processes
About Le Bélier SA
Founded in 1961 and headquartered in Bordeaux, France, Le Bélier SA is a global leader in aluminum alloy brake castings (master cylinders and calipers), and has become a 100% subsidiary of Wencan since the share acquisition in 2020. With system-level R&D capabilities and utilizing gravity casting as its core technology complemented by low-pressure casting processes, Le Bélier SA serves the market with precision aluminum alloy castings for automotive brake systems, intake systems, and chassis structural components. It has 10 production bases in France, Mexico, Hungary, Serbia, and China. Through integration and synergy with Wencan, some Le Bélier SA's facilities have introduced high-pressure casting production lines, in addition to its existing gravity and low-pressure casting lines, to make more diversified products and services more available to customers around the world.
Corporate Culture
Corporate Ethos
Shared vision and commitment. Collective wisdom and efforts.
Talent Strategy
Empower those virtuous and able.
Cultivate those less able but virtuous.
Exclude those able yet unvirtuous.
Business Philosophy
Root in integrity. Pursuit of excellence.
Core Values
Employees-centered
Technology-oriented
Quality-assured
Management-based
Vision
Become a world-leading innovative R&D driven manufacturer of automotive aluminum alloy precision castings
Mission
Stay True. Cast Dreams.
In the business for over two decades, Wencan Group has grown into a world leader in automotive aluminum alloy castings.
1998
1998
2006
2006
October
Nantong Hongbang was established.
2014
2014
January
Successfully developed and became the first to mass-produce and deliver aluminum die-casting body structural components.
October
Wencan completed its joint-stock reform.
October
Wencan Mould & Tooling (the predecessor of Wencan Foundry Research Institute) was established.
2015
2015
January
Tianjin Hongbang was established.
March
Wencan was listed on the NEEQ (Stock Code: 832154).
June
Raised CNY300 million by issuing shares to qualified investors.
2017
2017
August
Jiangsu Wencan was established.
2018
2018
April
Wencan was listed on the Shanghai Stock Exchange (Stock Code: 603348) and raised CNY839 million from its initial public offering.
2019
2019
June
Raised CNY800 million by issuing convertible bonds for capacity expansion.
2020
2020
December
Completed the acquisition of 100% shares in Le Bélier SA, a French listed company.
2021
2021
July
Wencan was renamed Wencan Group Co., Ltd., upgrading to a group management structure.
August
Wencan Foundry Research Institute was established.
2022
2022
September
Invested and built Anhui Hongbang, Chongqing Wencan, and Guangdong Wencan (Second Plant).
October
Became the first to mass-produce and deliver gigacasting aluminum body components.
2024
2024
June
Commissioned a 10,000-ton Giga Press and launched robotic integrated casting processing technology.
July
Raised CNY1.047 billion from a private placement.
1998
2006
2014
2015
2017
2018
2019
2020
2021
2022
2024
Honors and Accreditations
Honors
Accreditations
-
NADCA 2023 Excellence in Structural Aluminum Die Casting for Rear Floor Frame with Wheel Covers mass-produced by Wencan
-
Second Prize of The State Technological Invention Award for the Key Technology and Application of High-Vacuum Die Casting for Aluminum-Magnesium Alloys, a technology invented by Wencan
-
Technology Contribution Award of a leading NEV customer for Wencan's technical capabilities
-
“National Green Factory” title, commending Wencan for its constant breakthroughs in automotive die-casting and “low-carbon, digital, integrated, and intelligent” development
-
Quality Management System Certification
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Environmental Management System Certification
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Management System Certification
-
Information Security Management Certification